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Adani Group
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Adani Ports Consolidated PAT Increases by 33% to Rs. 2,314 Crores for the Year Ended March 2015

Consolidated cargo at 144 MMT grows by 28%

May 01, 2015   16:59 IST 
Ahmedabad, Gujarat, India

Editor’s Synopsis:

  • Consolidated cargo for FY15 increased by 28% to 144 MMT as against 113 MMT in FY14.

  • Consolidated Total Income including other income for FY15 up by 24% at Rs 6,838 crores.

  • Consolidated PAT for FY15 increased by 33% to Rs 2,314 crores as against Rs 1,740 crores in FY14

  • Consolidated cargo for Q4FY15 increased by 26% to 36 MMT

  • Consolidated Total Income including other income for Q4FY15 up by 42% at Rs 1,832 crores.

  • Consolidated PAT for Q4FY15 increased by 25% to Rs 661 crores as against Rs 530 crores in Q4FY14

  • Adani Ports awarded as “Port of the year-Containerised Cargo” at Gujarat Junction 2015.

  • Commissioned Tuna Tekra bulk terminal at Kandla in a record time of 24 months on February 10th 2015.                                                                                                                                                                                                                        

Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the fourth quarter and year ended March 31, 2015.


Consolidated cargo across all ports handled by the company was 144 MMT in FY15, an increase of 28%, over corresponding period last year. Adani ports at Mundra handled 111 MMT cargo in FY15 thereby continuing its leadership as the largest commercial port business in India. The Mundra port registered a 10% growth in FY15 compared to 5% aggregate cargo growth at all major ports.


Also, in case of containers, the Mundra port handled 2.72 Million TEUs in FY15 as against 2.39 Million TEU’s in corresponding to same period last year resulting in a 14 % growth as compared to growth of 7% aggregate growth in container volumes at all the major ports.


Consolidated cargo handled by the company was 36 MMT in Q4FY15, an increase of 26%, over corresponding quarter last year. Adani ports at Mundra handled 27 MMT cargo in Q4FY15 thereby continuing its leadership as the single largest commercial port in India.


Consolidated total income increased by 24% to Rs.6,838 crores in FY15 as compared to Rs.5,514 crores in the corresponding period last year and consolidated EBIDTA increased by 27% to Rs. 4,588 crores in the current year as compared to Rs. 3,604 crores in corresponding period last year.


The consolidated PAT for the current year increased by 33% to Rs 2,314 crores, as compared to Rs 1,740 crores in corresponding period last year.


Consolidated total income increased by 42% to Rs.1,832 crores in Q4FY15 as compared to Rs.1,291 crores in the corresponding quarter last year and consolidated EBIDTA increased by 49% to Rs. 1,247 crores in the current quarter as compared to Rs.836 crores in corresponding quarter last year.


The consolidated PAT in current quarter increased by 25% to Rs 661 crores, as compared to Rs 530 crores in corresponding quarter last year.


The above results include the result of The Dhamra Port Company Limited, which APSEZ acquired on June 23, 2014.


Commenting on the results, Mr. Gautam Adani, Chairman, Adani Group said, “This year the Adani Group celebrated its Silver Jubilee and it has been a very eventful year. We have created additional future pathways for growth for our APSEZ business and as the opportunities in Indian port sector rapidly multiply in the days to come we believe we are well positioned to capture the growth and capitalize on our model of integrated business”.


Elaborating on the performance, Mr. Sudipta Bhattacharya, Chief Executive Officer of APSEZ, said “The Company has had another record year. We accelerated our growth and grew our cargo volumes by 28% and net profit by 33%. This year we also completed the Dhamra Port acquisition, commercialized the Tuna Port in record time and signed a 50:50 JV with CMA Terminals to build a brand new container terminal at Mundra”.


The Board of Directors have recommended a dividend of 55% i.e Rs.1.10 per equity share for FY 2014-15.

Adani Ports awarded as “Port of the Year-Containerised Cargo” at Gujarat Junction 2015.


Ennore Container Terminal project is progressing well.


About The Adani Group:

The Adani Group is one of India’s leading business houses with revenue of over $9.4 billion.


Founded in 1988, Adani has grown to become a global integrated infrastructure player with businesses in key industry verticals - resources, logistics and energy. The integrated model is well adapted to the infrastructure challenges of the emerging economies.


The Group has also made significant inroads in the agri-infrastructure business by setting up grain storage silos and cold storage facilities, catering to storage of apples from Himachal Pradesh. We are a market leader in edible oil business with our Fortune brand of oil leading the pack.


We live in the same communities where we operate and take our responsibility towards the society very seriously. Through Adani Foundation, we ensure development and progress is sustainable and inclusive; not just for the people living in these areas, but the environment on the whole. At Adani, we believe in delivering benefits that transcend our immediate stakeholders.


Resources means obtaining Coal from mines and trading; in future it will also include oil and gas production.


Adani is developing and operating mines in India, Indonesia and Australia as well as importing and trading coal from many other countries. Currently, we are the largest coal importers in India. We also have extensive interests in oil and gas exploration. Our extractive capacity has increased three folds to 4 MMT in 2014 and we aim to extract 200 MMT per annum by 2020, thereby making Adani one of the largest mining groups in the world.


Logistics denotes a large network of Ports, Special Economic Zone (SEZ) and Multi-Modal Logistics - Railways and Ships.


Adani owns and operates seven ports and terminals – Mundra, Dahej, Hazira and Tuna Tekra, Kandla in Gujarat, Dhamra in Orissa, Mormugao in Goa and Visakhapatnam in Andhra Pradesh, India. Mundra Port, which is the largest port in India, benefits from deep draft, first-class infrastructure and SEZ status. It crossed the 100 MMT mark of cargo handling in FY14. Adani is also developing port at Ennore in Tamil Nadu, India.


 Energy involves Power generation & transmission and Gas distribution.


Adani is the largest private thermal power producer in India with an installed capacity of 10,440 MW. Our three power projects are spread out across the states of Gujarat, Maharashtra & Rajasthan.


We also provide a range of reliable and environment friendly energy solutions, in the form of CNG and PNG. In fact, the above-mentioned installed capacity also includes a 40 MW solar plant at Bitta, Gujarat. 

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